TCN Gets $I. 6b From Multi-lateral Donors to Boost Power Supply in Nigeria

Abuja, July 11, 2019 (NAN) The Transmission Company of Nigeria (TCN), says it has received 1.661 billion dollars from multi-lateral donors to boost power supply in the country.

Mr Usman Mohammed, the Managing Director of TCN made this known at
the organisation’s quarterly news conference in Abuja on Thursday.

Mohammed said that TCN had raised significant amount to reinforce the system under the critical investment programme.

“As at today, the amount we have raised from multi-lateral donors has
risen to 1.661 billion dollars to execute some power projects in the
country.

“These projects include the Abuja Wheeling Scheme that will bring
five sub-stations and bring a new supply route to the territory.

“The new route will be from Lafia to Abuja with 330 Kilo Volt (KV)
line and two 330KV sub-stations in Abuja and put addition three numbers
132 KV sub-stations in the territory,’’ he said.

He said that the contract for the project had been signed and divided
into six slots, adding that 10 contractors had been pre-qualified.

According to Mohammed, the company has also recovered 775 power
equipment containers out of 800 abandoned at the ports due to tariff
related issues, while two have been declared missing, and two empty.

“We discovered that two containers were missing and we have reported
to the police and they are investigating the matter,’’ he said.

He, however, did not tell the contents or the value of the missing
containers, but pledged to work with his team to recover them.

Mohammed explained that TCN “is going to recover about 2,000 to 3,000mw with the present upgrade of its equipment.

“Which automatically means the grid will shift from 8,000MW to at least 10,000 MW,’’ he said.

The TCN boss said that the company had used their staff to forcefully
take over some contracts and those contracts were at the point of
completion.

He noted that in spite of the massive investment so far recorded by
the sector from the transmission end, the distribution companies were
yet to match it with a proportional upgrade of their equipment.

This, according to him, is responsible for the frequent system collapses in the Nigeria Electricity Supply Industry. (NAN)

Suleiman idris is a graduate of Fed Univ of Tech Minna (BTECH Mathematics/Comp Science), Specialist in ICT Support Services. also proficient in use of online journalism tools & Social media management. I currently serve as I.T Officer with Africa's Largest TV Network NTA